PT Adaro Indonesia Tbk

Type: Company
Name: PT Adaro Indonesia Tbk
Nationality: Indonesia
First reported Oct 18 2014 - Updated Oct 18 2014 - 1 reports

Vale becomes first mining firm to sign contract amendment

After nearly two years of negotiations, Vale Indonesia has finally agreed to amend its contract of work (CoW) for nickel mining in Sulawesi, assenting to higher royalty payments, among other agreements.The amendment was signed in Jakarta on Friday by ... [Published Jakarta Post - Oct 18 2014]
Entities: Vale SA, Mining, Coal, Cattle
First reported Oct 07 2014 - Updated Oct 07 2014 - 1 reports

Freeport pushes for contract signing

PT Freeport Indonesia hopes to sign a new mining contract before President Susilo Bambang Yudhoyono’s term ends in two weeks.R. Sukhyar, the director general for mineral and coal at the Energy and Mineral Resources Ministry, said the local subsidiary ... [Published Jakarta Post - Oct 07 2014]
First reported Oct 06 2014 - Updated Oct 06 2014 - 1 reports

Govt: Vale Indonesia’s New Permit Ready by Oct. 20

Workers walk along a pathway at the nickel smelter of Vale Indonesia, near Sorowako, Sulawesi, on Jan. 8, 2014. (Reuters Photo/Yusuf Ahmad)Jakarta. The Indonesian government will sign nickel miner Vale Indonesia’s new contract before Oct. 20, an official ... [Published Jakarta Globe - Oct 06 2014]
First reported Oct 04 2014 - Updated Oct 04 2014 - 1 reports

Few mining MoUs left despite lofty target

The Energy and Mineral Resources Ministry’s directorate general for mineral and coal is estimating that only a few more mineral and coal miners will be signing memorandums of understanding (MoUs) for contract of work amendments.Only nine firms, consisting ... [Published Jakarta Post - Oct 04 2014]
First reported Oct 03 2014 - Updated Oct 03 2014 - 1 reports

Vale, Adaro expected to sign new contracts

The Energy and Mineral Resources Ministry is aiming to seal deals with nickel miner PT Vale Indonesia and coal mining firm PT Adaro Indonesia before the new government takes office in a few weeks.“We are expecting to sign an agreement on a contract amendment ... [Published Jakarta Post - Oct 03 2014]
Entities: Vale SA, Mineral, Coal, Mining
First reported Sep 27 2014 - Updated Sep 27 2014 - 1 reports

Berau agrees deal with govt, mining area reduced

Coal miner PT Berau Coal, a subsidiary of Jakarta-listed PT Berau Coal Energy (BRAU), has signed a memorandum of understanding (MoU) with the government regarding detailed talks on the company’s coal-mining contract of work (CCoW).The Energy and Mineral ... [Published Jakarta Post - Sep 27 2014]
First reported Sep 26 2014 - Updated Sep 26 2014 - 1 reports

Rig Tenders halts local investment, eyes opportunities abroad

Publicly listed shipping company Rig Tenders Indonesia, which provides vessel-charter services for the coal, oil and gas sector, will focus on overseas shipping as the country’s cabotage rules have narrowed the company’s opportunities to expand in the ... [Published Jakarta Post - Sep 26 2014]
First reported Sep 22 2014 - Updated Sep 22 2014 - 1 reports

Asian miners unaffected by China's ban on low-grade coal

] Moody's Investors Service said China's ban onlow-grade coal has limited impact on rated Asian miners.Last Monday, China's National Development and Reform Commission (NDRC) announced minimumstandards on the quality of commercial coal used in the country ... [Published etnet.com.hk - Sep 22 2014]
Entities: Coal, Mineral, China
First reported Sep 18 2014 - Updated Sep 19 2014 - 1 reports

Djakarta Lloyd aims to boost coal shipping contracts

State-owned shipping company PT Djakarta Lloyd, which was once close to bankruptcy, is aiming to pocket around Rp 380 billion (US$31.8 million) from its coal shipping business next year with the signing of five-year shipping contracts with private mining ... [Published Jakarta Post - Sep 18 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

PLN Consumes 74 Million Tons of Coal in 2014

Heavy equipment at the coal mining site in Kintap, Tanah Laut, South Kalimantan, October 11, 2012. Tempo/Eko Siswono ToyudhoTEMPO.CO , Jakarta - PT PLN’s coal division chief Helmi Najarmudi said coal consumption of power plants from the beginning of the ... [Published Tempo.co - Sep 17 2014]
First reported Sep 16 2014 - Updated Sep 16 2014 - 1 reports

Adaro digs deep as coal industry gets more ugly

Joko “Jokowi” Widodo, Indonesia’s president-elect, might represent a new dawn for the country in terms of improving infrastructure and tackling corruption but even he can’t control the coal price.The country, the world’s largest exporter of the fuel, ... [Published Finance Asia - Sep 16 2014]
First reported Aug 04 2014 - Updated Aug 04 2014 - 1 reports

Adaro Indonesia PT -- Moody's: Indonesian coal producers pressured by weak coal prices

Singapore, August 04, 2014 -- Moody's Investors Service says that depressed coal prices will pressure Indonesian miners' credit quality over the next 12-18 months, weakening leverage as margins and cash flows contract. Miners with strong liquidity are ... [Published ad-hoc-news.de - Aug 04 2014]

Quotes

"PLN has 74 PLTU (steam-fueled power plant) and the needs for coal are 74 million tons" Helmi said yesterday
"The 501(c)4 group will play in races that feature a stark choice between 'pro-climate action' candidates--all Democrats--and 'anti-science' Republicans who have questioned the veracity of climate change or supported the interests of the oil and gas industry" CNN reports

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All (13) | News (11) | Reports (0) | Blogs (2) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Vale becomes first mining firm to sign contract... [Published Jakarta Post - Oct 18 2014]
Freeport pushes for contract signing [Published Jakarta Post - Oct 07 2014]
Govt: Vale Indonesia’s New Permit Ready by Oct. 20 [Published Jakarta Globe - Oct 06 2014]
Few mining MoUs left despite lofty target [Published Jakarta Post - Oct 04 2014]
Vale, Adaro expected to sign new contracts [Published Jakarta Post - Oct 03 2014]
Berau agrees deal with govt, mining area reduced [Published Jakarta Post - Sep 27 2014]
Rig Tenders halts local investment, eyes opport... [Published Jakarta Post - Sep 26 2014]
Asian miners unaffected by China's ban on low-g... [Published etnet.com.hk - Sep 22 2014]
Djakarta Lloyd aims to boost coal shipping con... [Published Jakarta Post - Sep 18 2014]
PLN Consumes 74 Million Tons of Coal in 2014 [Published Tempo.co - Sep 17 2014]
Adaro digs deep as coal industry gets more ugly [Published Finance Asia - Sep 16 2014]
Adaro Indonesia PT -- Moody's: Indonesian coal ... [Published ad-hoc-news.de - Aug 04 2014]
Democrat Billionaire to Fund Attack on 'Anti-Sc... [Published Breitbart Feed - May 23 2014]
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Adaro Indonesia PT -- Moody's: Indonesian coal ... [Published ad-hoc-news.de - Aug 04 2014]
Singapore, August 04, 2014 -- Moody's Investors Service says that depressed coal prices will pressure Indonesian miners' credit quality over the next 12-18 months, weakening leverage as margins and cash flows contract. Miners with strong liquidity are ...
Democrat Billionaire to Fund Attack on 'Anti-Sc... [Published Breitbart Feed - May 23 2014]
Billionaire hedge fund tycoon Tom Steyer is single-handedly creating a resurgence for true believers in global warming, using his great fortune to push greenism. Now, for the 2014 elections, Steyer is promising to throw $100 million into an attack ...
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